Current:Home > MyAshley home furnishings to expand Mississippi operations -Infinite Edge Capital
Ashley home furnishings to expand Mississippi operations
View
Date:2025-04-12 03:29:13
JACKSON, Miss. (AP) — Ashley Furniture Industries plans an $80 million expansion at its two facilities in Mississippi’s Lee County, creating at least 500 new jobs as a result.
The Mississippi Development Authority said Wednesday the project will expand Ashley’s foam and mattress production in Verona through the purchase and renovation of a neighboring facility and the construction of a new one. The company also plans to expand operations in Saltillo, currently the country’s largest mattress plant, with a substantial investment in equipment and operations, the agency said.
“This strategic investment reinforces our commitment to growth and allows us to better serve our customers. By expanding our capabilities in Mississippi, we are creating more job opportunities and strengthening our presence in the region,” said Ashley CEO and President Todd Wanek in a news release.
“Ashley Furniture is already one of Mississippi’s most well-known job creators,” Gov. Tate Reeves said. “As the world’s largest manufacturer of home furnishings, Ashley’s historic commitment to Mississippi is a major boon for our entire state. ... This fantastic project only further highlights Mississippi’s global reputation as a destination for business and manufacturing.”
Ashley, the largest manufacturer of home furnishings in the world, said the project is expected to be completed by the end of 2025.
veryGood! (2436)
Related
- Gen. Mark Milley's security detail and security clearance revoked, Pentagon says
- Arizona congressional delegation introduces $5 billion tribal water rights legislation
- Man dies of 'massive head trauma' after lighting firework off Uncle Sam top hat on July 4th
- 'House of the Dragon' spoiler: Aemond actor on that killer moment
- Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
- The plane is ready, the fundraisers are booked: Trump’s VP search comes down to its final days
- Brad Pitt appears at British Grand Prix with girlfriend Ines de Ramon as 'F1' teaser drops
- John Stamos' 6-year-old son Billy plays drums at Beach Boys concert
- Highlights from Trump’s interview with Time magazine
- Moderate Masoud Pezeshkian wins Iran's presidential runoff election
Ranking
- Arkansas State Police probe death of woman found after officer
- 3 Columbia University officials lose posts over texts that ‘touched on ancient antisemitic tropes’
- Real Estate Mogul Brandon Miller, Husband of Mama & Tata Influencer Candice Miller, Dead at 43
- 2 people attacked by sharks in 2 days at 'Shark Bite Capital of the World,' Florida
- The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
- Candidates in pivotal French legislative elections drop out in tactical move ahead of final vote
- Organizers of recall targeting a top Wisconsin Republican appeal to court
- MLB power rankings: How low can New York Yankees go after ugly series vs. Red Sox?
Recommendation
The 401(k) millionaires club keeps growing. We'll tell you how to join.
UW regents approve raises for 8 chancellors, set up bonuses for retaining freshmen students
CLIMATE GLIMPSE: Heat and a hurricane descend on the U.S., other wild weather around the world
Heather Locklear to Make Rare Public Appearance for 90s Con Reunion With Melrose Place Stars
'Most Whopper
As ecotourism grows in Maine, so does the desire to maintain Downeast’s wild character
Extreme heat in California: Hundreds of deaths, thousands of injuries, billions of dollars
Paris Olympics 2024: USWNT soccer group and medal schedule